A Memorandum of Understanding (MoU) has been signed between the Rajasthan state government and the World Bank for road projects that connect 1,056 identified villages with an assistance of Rs 1,200 crore from the World Bank. The state PWD Minister Yunus Khan said notice inviting tenders would be issued soon and work would begin in the next 60 days.
Tag: India
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UP expects Rs.42,000 cr investment Under the proposed
Eastern Dedicated Freight Corridor (EDFC), the Uttar Pradesh government is expecting Rs 42,000 crore investment into the state. In the state, almost 57 per cent of the EDFC measuring 1,049 km would traverse across 18 districts, bringing a lot of industrial benefits for the state. The government said that the proposed alignment of 1,840 km EDFC, starting from Punjab, traverses UP via Khurja and ends at Dankuni in West Bengal.
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Nod to six-laning of Vadodara-Surat stretch of NH-8
The Union Cabinet Committee on Economic Affairs has given its approval for six-laning of the Vadodra-Surat section of NH-8 including construction of a new four-lane extra dosed bridge across the Narmada River and two eight-lane flyovers in Gujarat under the NHDP Phase V.
The cost is estimated to be Rs 503.16 crore including Rs 17 crore as the cost of land acquisition, resettlement and rehabilitation and other pre-construction activities.
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Govt strives to prevent delays in power projects
The Union Government is closely monitoring the power projects under construction to avoid delays, said the Union Minister of State (I/C) of Power Jyotiraditya Scindia. Central Electricity Authority (CEA) is performing the duties of monitoring of the power projects in pursuance of 73 (f) of Electricity Act, 2003. In addition, a Power Project Monitoring Panel (PPMP) has been set up by the Ministry of Power to independently follow up and monitor the progress of the hydro/thermal projects and regula
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Govt strives to prevent delays in power projects
The Union Government is closely monitoring the power projects under construction to avoid delays, said the Union Minister of State (I/C) of Power Jyotiraditya Scindia. Central Electricity Authority (CEA) is performing the duties of monitoring of the power projects in pursuance of 73 (f) of Electricity Act, 2003. In addition, a Power Project Monitoring Panel (PPMP) has been set up by the Ministry of Power to independently follow up and monitor the progress of the hydro/thermal projects and regula
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Power generation capacity crosses 2.29 lakh MW
India´s total installed capacity of the power sector stood at 2,29,252 MW by 31 October last year, with the private sector contributing a significant 72,927 MW and including 12 per cent from renewable sources. The power sector saw a total capacity addition of 20,622.8 MW during 2012-13 which is the highest record of capacity addition in a year so far with a little less than half of it coming from the private sector and also exceeded the target of 17,956 MW for the year 2012-13. For 2013-14, a ca
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Power generation capacity crosses 2.29 lakh MW
India´s total installed capacity of the power sector stood at 2,29,252 MW by 31 October last year, with the private sector contributing a significant 72,927 MW and including 12 per cent from renewable sources. The power sector saw a total capacity addition of 20,622.8 MW during 2012-13 which is the highest record of capacity addition in a year so far with a little less than half of it coming from the private sector and also exceeded the target of 17,956 MW for the year 2012-13. For 2013-14, a ca
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APSEZ appointed consultant to Dhamra Port
Adani Ports and Special Economic Zone (APSEZ) has been appointed as a management consultant to Dhamra Port, an equal joint venture of Larsen and Toubro (L and T) and Tata Steel. Dhamra Port wanted the expertise of Adani Ports in running the port.
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Essar Ports to invest in Vizag port
For development and operation of three iron ore berths at Visakhapatnam Port, the Essar Vizag Terminals has entered into an agreement with the Visakhapatnam Port Trust. It is to invest Rs 1,200 crore in the project and to be developed on a build-own-operate basis over 30 years. With a combined capacity of 23 million tonne the three berths (two outer harbour berths and one inner) will have a combined capacity of 23 million tonne per year.
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Hike in THC at Vallarpadam
Operator of Vallarpadam port in Kerala, DP World has decided to hike the terminal handling charges (THC) from 1 January. Hence shippers in Kochi will have to shell out more to move their goods. The Tariff Authority for Major Ports (TAMP) has allowed the international container transhipment terminal to increase THC by 3.48 per cent. DP World stated that the proposed hike would be according to the TAMP directive, which approved a 3.48 per cent increase in tariff charges for five years.